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MainNewsRipple CTO A...

Ripple CTO Agrees Bitboy’s BEN Coin Project Is 100% Rugpull Scam


by CoinEdition
Ripple Agrees Bitboy Scam
  • Bitboy Crypto faces backlash for joining the newly launched meme token, BEN Coin.
  • Ripple CTO calls BEN Coin a rug pull.
  • BEN Coin aims to become an attention economy token to promote crypto adoption.

The crypto community is up against Ben Armstrong, a famous crypto influencer known as Bitboy Crypto, over his recent announcement about joining the project team of the newly launched meme token, BEN Coin.

On Twitter yesterday, David Schwartz, the Ripple (XRP) blockchain chief technology officer (CTO), said he agrees 100% that the BEN meme coin project is a rug pull, given Armstrong’s decision to join the team.

Notably, rug pull is a type of scam in crypto and DeFi markets, where the project organizers suddenly and intentionally remove all liquidity and disappear with investors’ funds. This action causes the token’s price to plummet.

While the Ripple CTO sees no future in the BEN coin, Billy Markus, the co-founder of the most …

The post Ripple CTO Agrees Bitboy’s BEN Coin Project Is 100% Rugpull Scam appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitget’s New Report Reveals How AI-Powered Scams Netted $4.6 Billion in 2024

Bitget’s New Report Reveals How AI-Powered Scams Netted $4.6 Billion in 2024

Bitget, the leading cryptocurrency exchange and Web3 company, in conjunction with blo...
New Bitget Report Shows Harrowing Details of DeepFake and Zoom Crypto Scams

New Bitget Report Shows Harrowing Details of DeepFake and Zoom Crypto Scams

Bitget exchange, in collaboration with blockchain security firms SlowMist and Ellipti...
MainNewsRipple CTO A...

Ripple CTO Agrees Bitboy’s BEN Coin Project Is 100% Rugpull Scam


by CoinEdition
Ripple Agrees Bitboy Scam
  • Bitboy Crypto faces backlash for joining the newly launched meme token, BEN Coin.
  • Ripple CTO calls BEN Coin a rug pull.
  • BEN Coin aims to become an attention economy token to promote crypto adoption.

The crypto community is up against Ben Armstrong, a famous crypto influencer known as Bitboy Crypto, over his recent announcement about joining the project team of the newly launched meme token, BEN Coin.

On Twitter yesterday, David Schwartz, the Ripple (XRP) blockchain chief technology officer (CTO), said he agrees 100% that the BEN meme coin project is a rug pull, given Armstrong’s decision to join the team.

Notably, rug pull is a type of scam in crypto and DeFi markets, where the project organizers suddenly and intentionally remove all liquidity and disappear with investors’ funds. This action causes the token’s price to plummet.

While the Ripple CTO sees no future in the BEN coin, Billy Markus, the co-founder of the most …

The post Ripple CTO Agrees Bitboy’s BEN Coin Project Is 100% Rugpull Scam appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitget’s New Report Reveals How AI-Powered Scams Netted $4.6 Billion in 2024

Bitget’s New Report Reveals How AI-Powered Scams Netted $4.6 Billion in 2024

Bitget, the leading cryptocurrency exchange and Web3 company, in conjunction with blo...
New Bitget Report Shows Harrowing Details of DeepFake and Zoom Crypto Scams

New Bitget Report Shows Harrowing Details of DeepFake and Zoom Crypto Scams

Bitget exchange, in collaboration with blockchain security firms SlowMist and Ellipti...